SPBO vs MLPA
Comparison between STATE STREET(R) SPDR PORTFOLIO CORPORATE BOND ETF (SPBO, ETF) and GLOBAL X MLP ETF (MLPA, ETF).
5-Year PerformanceMLPA has outperformed SPBO, delivering a return of +18.2% compared to -0.1%
SPBO vs MLPA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
SPBO vs MLPA - Historical Returns
Returns include dividend reinvestment.
SPBO vs MLPA - Annual Returns (2011 - 2026)
Returns include dividend reinvestment.
| Year | SPBO | MLPA |
|---|---|---|
| 2026 | -0.52% | +20.04% |
| 2025 | +7.86% | +4.45% |
| 2024 | +3.11% | +19.28% |
| 2023 | +8.19% | +17.53% |
| 2022 | -14.96% | +23.15% |
| 2021 | -1.18% | +41.00% |
| 2020 | +9.91% | -34.46% |
| 2019 | +14.16% | +10.44% |
| 2018 | -1.58% | -17.42% |
| 2017 | +4.77% | -9.05% |
| 2016 | +4.43% | +18.73% |
| 2015 | -1.60% | -30.73% |
| 2014 | +8.40% | +5.13% |
| 2013 | -2.29% | +14.50% |
| 2012 | +7.92% | +0.68% |
| 2011 | +5.89% | N/A |
SPBO vs MLPA Drawdown Comparison
The maximum drawdown for SPBO was -22.23%, occurring on Oct 20, 2022. Recovery took 1027 trading sessions.
The maximum drawdown for MLPA was -78.70%, occurring on Mar 18, 2020. Recovery took 2394 trading sessions.
The current SPBO drawdown is -2.13%. The current MLPA drawdown is -0.07%.
| Rank | SPBO | MLPA |
|---|---|---|
| #1 | -22.23% Sep 22, 2021 - Oct 24, 2025 | -78.70% Aug 29, 2014 - Mar 6, 2024 |
| #2 | -20.04% Mar 6, 2020 - Jun 15, 2020 | -14.20% Apr 2, 2025 - Jan 27, 2026 |
| #3 | -9.01% May 1, 2013 - May 2, 2014 | -10.39% May 2, 2012 - Aug 3, 2012 |
| #4 | -5.59% Dec 31, 2020 - Jul 19, 2021 | -8.71% Nov 29, 2024 - Jan 16, 2025 |
| #5 | -5.09% Apr 24, 2015 - May 4, 2016 | -8.04% Oct 17, 2012 - Jan 10, 2013 |
| #6 | -4.45% Aug 23, 2016 - May 19, 2017 | -7.73% May 19, 2026 - Jul 23, 2026 |
| #7 | -4.17% Sep 8, 2017 - Jan 31, 2019 | -6.40% Jul 22, 2024 - Nov 6, 2024 |
| #8 | -3.44% Nov 1, 2011 - Jan 31, 2012 | -5.55% Feb 20, 2025 - Mar 19, 2025 |
| #9 | -3.13% Oct 21, 2014 - Jan 6, 2015 | -5.49% Apr 3, 2024 - Jun 24, 2024 |
| #10 | -2.86% Feb 26, 2026 - Mar 27, 2026 | -5.31% Jul 15, 2013 - Feb 7, 2014 |
| #11 | -2.76% Jan 30, 2015 - Apr 24, 2015 | -5.21% Mar 26, 2026 - Apr 30, 2026 |
| #12 | -2.75% Aug 6, 2020 - Nov 23, 2020 | -4.64% May 21, 2013 - Jul 11, 2013 |
| #13 | -2.62% Aug 28, 2014 - Oct 15, 2014 | -3.62% Feb 5, 2025 - Feb 20, 2025 |
| #14 | -2.50% Aug 28, 2019 - Nov 26, 2019 | -3.22% Jul 1, 2014 - Aug 15, 2014 |
| #15 | -2.18% Feb 1, 2012 - Apr 20, 2012 | -2.30% Jan 21, 2025 - Jan 30, 2025 |
Correlation
Correlation between SPBO and MLPA is 0.12 which considered as a very weak or no correlation - the stocks move independently of each other.
Dividend Comparison (2011 - 2026)
SPBO vs MLPA dividend yield comparison.
| Year | SPBO | MLPA |
|---|---|---|
| 2026 | 2.59% | 3.58% |
| 2025 | 5.09% | 7.82% |
| 2024 | 5.28% | 7.25% |
| 2023 | 4.73% | 7.49% |
| 2022 | 3.54% | 7.30% |
| 2021 | 2.42% | 8.72% |
| 2020 | 2.75% | 13.84% |
| 2019 | 3.46% | 9.09% |
| 2018 | 3.60% | 10.00% |
| 2017 | 3.15% | 8.05% |
| 2016 | 3.35% | 7.15% |
| 2015 | 3.07% | 9.29% |
| 2014 | 3.21% | 5.80% |
| 2013 | 3.76% | 5.62% |
| 2012 | 3.70% | 4.50% |
| 2011 | 2.53% | 0.00% |
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